CoinList’s First Airdrop: DFINITY

We’re thrilled to be working with DFINITY on the first use of CoinList’s airdrops platform.

The DFINITY team is generously rewarding their community of enthusiasts with the largest airdrop in history: 35,000,000 CHF worth of DFINITY tokens (roughly $35,000,000 worth), distributed to as many as hundreds of thousands of community members.

DFINITY sees this as an opportunity to give back to those who have been supportive of their efforts. By conducting this airdrop, DFINITY hopes to promote wider distribution of their tokens and ensure developers and enthusiasts can begin experimenting with the WebAssembly-enabled Internet Computer at launch.

They’re also giving CoinList users an opportunity to join in and become supporters of the project and receive tokens.

If you’re a member of the DFINITY global community or of CoinList, we’ll be alerting you to the chance to participate over the next week. Due to regulatory reasons, this will only be available to non-US residents. But don’t worry — this won’t be true of all airdrops on CoinList, and it certainly isn’t your last chance to earn DFINITY tokens!

We’re working with DFINITY to provide Know-Your-Customer and Anti-Money-Laundering due diligence on all those who join to help them ensure regulatory compliance. DFINITY is a model project not only for their technology and community, but also for their focus on doing things the right way. We couldn’t be happier to be partnering with them.

Here’s some more press on the announcement:

Fortune Exclusive: Dfinity Annouces $35M ‘Air Drop’ for Blockchain-Based Cloud

DFINITY’s Medium Post

About DFINITY, the world’s decentralized Internet Computer

The technologies that power DFINITY aim to provide a step function improvement in the way business systems can be developed and hosted, and will also power a new generation of decentralized applications that could disintermediate many of today’s online technology services (e.g., Uber, Dropbox, eBay). The DFINITY network is made possible by unique new technologies including the Threshold Relay and Probabilistic Slot Consensus. This underpinned a recent demonstration of the network that finalized new computations in 1 second at scale, which compares favorably to the 600 seconds taken by Ethereum and 3600 seconds taken by Bitcoin to finalize coin transfers.

In February of this year, DFINITY announced an investment of $21MM by strategic partners including Polychain Capital and Andreessen Horowitz. In addition, they announced the launch of a $40MM DFINITY ecosystem venture fund to support teams building on the DFINITY platform and to help foster an active developer community. A private presale currently underway is set to raise an additional $90MM. This will bring total platform and ecosystem funding close to $200MM.

DFINITY is led by Chief Scientist Dominic Williams, designer of Threshold Relay and PSC chains, the team also includes Timo Hanke, the creator of AsicBoost, Ben Lynn, the “L” in BLS Cryptography, and Andreas Rossberg, co-creator of WebAssembly, among others on an talented team.